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... 9 euros is high in Fintech but low in traditional IPOs. We are selling 45% of the company. Please consider that Facebook was launched at $27 and now trades at $148 Google (now Alphabet) was launched at $50 and now is $954. The best, Amazon was launched at $4 and now is at $959. Twitter was launched at $40 but now trades at $18.
You are quoting FIAT based businesses that exist in the FIAT based markets. This is the 'Wild West' compared to that 'traditional' world.
Those businesses rarely respond the same as businesses that exist in the young and volatile Crypto markets.
You maybe making a mistake of judgment. It is a bit like comparing yourself to elite bicycle businesses when launching into a redneck speedway racing business.
If this coin drops to less than 1 Euro in value after launch don't be surprised, and of course....welcome to the learning curve that is volatile Crypto world.
I note that your history is clearly with FIAT finances, based from your team website info. I expect you are about to get on board a rollercoaster... and therefore, so are your investors.
Investing in an ICO that charges 9 Euros for a coin at launch, maybe asking for trouble.
Have you financially assessed Crypto businesses at all and seen what they do? or just looked at Facebook , Google, and businesses in that 'traditional' world. They may be computer-based and seem similar, but they aint Crypto and to quote them as comparisons suggests you dont really know what you are dealing with here.
I don't think there are any innovative developers on the team because they are depending on the Ethereum Token scheme. That's probably where the lack of knowledge come into play.
I also agree that they are not taking into account the volatility of the cryptocurrency market. Not only that, we find trust in decentralization. This goes totally against that principle.
Now, let's say the company is legit and it manages to get the gold. As I understand it, companies can give out shares or bonds that amount to the company's worth. This company has:
CapitalSocial "11,120.00"
It's a risky prospect to say the least.
In their whitepaper they mention the Panama SBA. This entity is the one that regulates all securities and banking activity in the country. I have written them a friendly email to verify if their claims are true. I will update you guys as soon as I know more.
